SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (date of earliest event reported)
February 24, 2004
Halliburton Company
(Exact name of registrant as specified in its charter)
State or other Commission IRS Employer
jurisdiction File Number Identification
of incorporation Number
Delaware 1-3492 No. 75-2677995
1401 McKinney, Suite 2400
Houston, Texas 77010
(Address of principal executive offices)
Registrant's telephone number,
including area code - 713-759-2600
INFORMATION TO BE INCLUDED IN REPORT
Item 9. Regulation FD Disclosure
On February 24, 2004 registrant issued a press release entitled
"Halliburton: KBR Delivered Fuel at Best Value, Price, Terms."
The text of the press release is as follows:
HALLIBURTON: KBR DELIVERED FUEL AT BEST VALUE, PRICE, TERMS
Company says it saved taxpayers dollars by finding new fuel source
Media reports have indicated that the Inspector General's office is further
examining allegations of fuel delivery in Iraq. Halliburton has not received any
notification of a further development in the examination. The company says, if
the reports are true, they would represent a normal, routine step in any kind of
high profile inquiry.
"This is a step toward resolution of the issue. In the current political
environment, it is expected," Wendy Hall, company spokeswoman said.
"The facts show KBR delivered fuel to Iraq at the best value, the best price and
the best terms. It is important to understand that this is a forward step to
study the issue. It is not a new attack on Halliburton," said Hall. "It is also
important to understand the difference between fact and allegations. It is not
fact that KBR has overcharged."
Hall emphasized that the US Army Corps of Engineers approved that the fuel be
delivered from Kuwait, even though it was at a higher cost than fuel imports
from Turkey.
"It's unfair to accuse Halliburton of paying too much for Kuwaiti fuel when KBR
was told to buy the fuel and given approval to purchase it from a specific
supplier," said Hall.
Halliburton summarized the original mission as outlined by the Army Corps of
Engineers.
"The company was asked to find a fuel source in the region. The first fuel
source that could be delivered in an emergency was found in Kuwait," said Hall.
"KBR actually introduced the idea of sourcing fuel from Turkey, and it saved
taxpayers well over $100 million."
Hall said the company would continue to work hard to establish that its
contracts are good for the United States.
"We also know that Halliburton is not only qualified but also it is one of the
few companies in the world who could perform these difficult and dangerous
tasks," said Hall.
The company said it welcomes a thorough review of any and all government
contracts.
Halliburton has a 60-year history of working with the government. KBR helped
build U.S. war ships in World War II, as well as projects in Somalia, Rwanda,
Haiti and the Balkans. Halliburton also helped put out more than half of the oil
well fires in Kuwait during the 1991 Gulf War.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
HALLIBURTON COMPANY
Date: February 24, 2004 By: /s/ Margaret E. Carriere
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Margaret E. Carriere
Vice President and Secretary